East Syracuse Free Library

Analysis

East Syracuse Free Library is a registered charity in United States, based in East Syracuse, NY. It received its IRS tax-exemption ruling in November 1970, 56 years ago. Its declared purposes cover education, which this site groups under education and training. The IRS classifies it as a publicly supported organisation (donations from the general public) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, East Syracuse Free Library reported income of $352k and spending of $334k, spending 95% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $348k to $352k (+1.2%), an average of +0.3% a year. The sharpest change came in the year to December 2022, when income rose by 198%. Over the whole period it spent 83% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, East Syracuse Free Library sits at the 63rd percentile: it is larger than about 63% of them. Against every charity in United States with reported income it ranks in the 64th percentile, and in the 61st percentile within NY. Charities of a similar size with the same main cause include C & C Kids After School Enrichment Program ($352k), Williamsport Area School District Education Foundation ($352k) and Hampshire Nursery School ($352k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 98% and program service revenue 1.4% of the total. Compensation of current officers, directors and key employees was $44k (13% of expenses). Other salaries and wages came to $116k. At year end it held assets of $974k against liabilities of $0, net assets of $974k. It reported 17 employees.